Mumbai : (IANS) CBI Director Anil Sinha on Wednesday gave an earful to chiefs of top banks and financial institutions for the crises and scams plaguing the country's banking and financial sectors. In a no-holds barred speech in the presence of Maharashtra Chief...
Mumbai:(IANS) With the RBI's last monetary policy review of this fiscal coming up on Tuesday, analysts expect the central bank to keep interest rates unchanged, citing inflation trending upwards, current nstability in markets and insufficient transmission as basis for...
New Delhi:(IANS) Finance Minister Arun Jaitley will on Monday table in parliament the Insolvency and Bankruptcy Bill, the biggest reform proposal after the Goods and Services Tax (GST) bill, the government said. "Fin Minister will introduce Insolvency and Bankruptcy...
By Syed Zahid Ahmad for Maeeshat Considering higher attraction for voters in election manifestos of parties in state elections, it is required that the Election Commission of India should think about framing regulation to prevent political parties offering bribes...
Mumbai: (IANS) Springing a surprise, the Reserve Bank of India (RBI) on Tuesday cut its short-term lending rate by 50 basis points, but also made a pitch for it to be passed on to end-consumers in the form of cheaper personal and commercial credit. While the...
Chennai:(IANS) Employees of public sector banks and government-owned non-life insurance companies would go on strike on Wednesday to protest against the anti-trade union and worker policies of the central government, union leaders said on Tuesday. "The strike is...
By Arun Kumar Washington:(IANS) Reserve Bank of India (RBI) governor Raghuram Rajan says he is trying to bring down India's high inflation rate while navigating complications like manufacturers who are hurt by higher interest rates and a stronger currency. RBI's...
New Delhi:(IANS) The number of mobile banking users globally is likely to double (1.8 billion) in the next four years with adoption rate reaching to about 60-70 percent in India and China, a study has suggested. "Interestingly, adoption rates are highest in developing...
New Delhi:(IANS) The Lok Sabha on Thursday passed a bill providing for filing of cheque bounce cases at places where it is presented. In his reply to questions posed by members during the debate on the negotiable instruments amendment bill, Minister of State for...
Mumbai: (IANS) Ignoring the clamour for an easing of monetary policy, India's central bank kept its key lending rates unchanged on Tuesday, sticking to its stand that further cut can only be effected if commercial lenders pass on the previous reductions to borrowers....